220 N 6th StMc CallsburgIA50154
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mc Callsburg at 220 N 6th St, Mc Callsburg, IA, 50154 generates $1,824/mo in rent, after a $1,542/mo payment. Total monthly income is $1,824/mo. Return on cash invested sits at 17.36% in year one, and rental yield is 6.95% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 89.55% and total cumulative return in cash sums $93,509. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,824/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50154, Mc Callsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 234 (100%) |
| Owner Occupied HU | 175 (74.8%) |
| Renter Occupied HU | 37 (15.8%) |
| Vacant Housing Units | 22 ( 9.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $306,057 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
4
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Listed by: Misty Darling • BH&G Real Estate Innovations
Mls Name: DMMLS
Mls Provider:
Mls ID: #730404
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.